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A project requires an initial cash outflow of $6,900, and it will bring in cash inflows of $1,100, $1,700,$1,900,$1,400, for the next four years, respectively.

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A project requires an initial cash outflow of $6,900, and it will bring in cash inflows of $1,100, $1,700,$1,900,$1,400, for the next four years, respectively. What is this project's the profitability index (PI), given a discount rate of 14% ? (Round answers to two decimals, for example, for answer 0.8187, enter 0.82 only)

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